The tables below present our estimates of fair value of financial assets and liabilities that were not measured at fair value:


	Carrying Value		Estimated Fair Value
	June 30, 2025		June 30, 2025		Fair Value Measurement Using
(in thousands)					Level 1		Level 2		Level 3

Financial assets:

Promissory note receivable from Founders	$	17,525	$	17,525	$	—	$	—	$	17,525

Investments in unconsolidated affiliates	13,753		50,657		49,807		—		850
Financial liabilities:


2029 Convertible Notes	224,982		330,050		—		330,050		—
2032 Senior Notes	292,619		316,406		—		316,406		—


	Carrying Value		Estimated Fair Value
	June 30, 2024		June 30, 2024		Fair Value Measurement Using
(in thousands)					Level 1		Level 2		Level 3

Financial assets:

Promissory note receivable from Founders	$	16,186	$	16,186	$	—	$	—	$	16,186

Investments in unconsolidated affiliates	12,297		40,762		39,912		—		850

Financial liabilities:
2024 Convertible Notes	$	34,386	$	34,690	$	—	$	34,690	$	—
2025 Convertible Notes	102,940		99,238		—		99,238		—
2029 Convertible Notes	223,998		262,564		—		262,564		—


	Carrying Value		Estimated Fair Value
	September 30, 2024		September 30, 2024		Fair Value Measurement Using
(in thousands)					Level 1		Level 2		Level 3

Financial assets:

Promissory note receivable from Founders	$	15,722	$	15,722	$	—	$	—	$	15,722
Investments in unconsolidated affiliates	13,329		42,496		41,646		—		850

Financial liabilities:

2025 Convertible Notes	$	103,072	$	100,401	$	—	$	100,401	$	—
2029 Convertible Notes	224,256		273,700		—		273,700		—